Sold
AUCTION TOMORROW - WILL BE SOLD !
7 Hayes Street, Balgowlah NSW 2093
Last Asking Price - $3,000,000
RetailSize: n/a
Block size: 471 m² approx.
Colliers is thrilled to present 7 Hayes Street; a secure investment strategically situated in Sydney's thriving Northern Beaches pocket. Occupied by an international not-for-profit tenant, the Salvation Army, this opportunity boasts a long WALE and attractive rental growth.
The property, enjoying high visibility and excellent connectivity, is ideally located among major retailers, positioned adjacent to Woolworths and its associated car park, in a region currently experiencing significant urban revitalisation.
Key Highlights:
+ Strong covenant to not-for-profit international tenant
+ 5+5+5 year lease with attractive rental growth
+ Nestled amongst major retailers including; Woolworths, Harvey Norman, Aldi, Coco Republic, Bunnings and Dan Murphy's to name a few
+ Excellent Northern Beaches location only moments to a major arterial road
+ Situated in a dynamically revitalised urban area poised for ongoing transformation
+ Future development upside via amalgamation (STCA)
Catchment Demographics:
- Average annual income per capita (2021): $81,302 (national average of $55,505)
- Total household retail spend per capita (2021): $17,703 (national average of $14,820)
For Sale via Public Auction
When: Thursday 14 March 2024 commencing 10:30am (AEDT)
Where: Dexus Place, 1 Margaret Street, Sydney CBD
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
The property, enjoying high visibility and excellent connectivity, is ideally located among major retailers, positioned adjacent to Woolworths and its associated car park, in a region currently experiencing significant urban revitalisation.
Key Highlights:
+ Strong covenant to not-for-profit international tenant
+ 5+5+5 year lease with attractive rental growth
+ Nestled amongst major retailers including; Woolworths, Harvey Norman, Aldi, Coco Republic, Bunnings and Dan Murphy's to name a few
+ Excellent Northern Beaches location only moments to a major arterial road
+ Situated in a dynamically revitalised urban area poised for ongoing transformation
+ Future development upside via amalgamation (STCA)
Catchment Demographics:
- Average annual income per capita (2021): $81,302 (national average of $55,505)
- Total household retail spend per capita (2021): $17,703 (national average of $14,820)
For Sale via Public Auction
When: Thursday 14 March 2024 commencing 10:30am (AEDT)
Where: Dexus Place, 1 Margaret Street, Sydney CBD
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Tom Appleby to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
471 m²*
Other Details
Lot:
4
Plan Type:
DP
Plan:
38041
Legal description:
4/38041
Maps and area information
Block information
Block size: 471m² (approx)
Legal description: 4/38041
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
14 Mar 2024
Sold
Colliers International - North Sydney
Listed: 15/02/2024
Block size: 471m²
Transfer type: Full transfer
12 Oct 2020
Sold
$2,030,000
Contract: 25/06/2020
Transfer: 12/10/2020
Block size: 472m²
Transfer type: Full transfer
Purpose: Commercial
25 Jun 2020
Sold
Colliers International - Sydney
Listed: 24/05/2020
Block size: 472m²
Transfer type: Full transfer
Balgowlah suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
8,068
Listing ID: 182300504. This listing has been viewed 4 times. It was first displayed on 15/02/2024 and last updated on 14/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.